The State of Fashion 2022

Ganni's Plan to Eliminate Letter, Male Nail Polish

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, DECEMBER 2, 2021 Dear BoF Community, After nearly two years of disruption, the fashion industry is finally beginning to find its feet again. Today at VOICES 2021, we release the sixth annual State of Fashion report by The Business of Fashion and McKinsey & Company, which forecasts an overall recovery in 2022 as global fashion sales surpass pre-pandemic levels thanks to outperforming categories, value segments and geographies. While the year ahead will present a welcome shift for some fashion players, ongoing supply chain headwinds, market challenges and macroeconomic risks are set to undermine growth prospects, leaving others fighting for survival. Download The State of Fashion 2022 to learn about the 10 themes that will define the industry in the year ahead and the strategies to deploy to safeguard recovery and tap new opportunities to maintain sustainable growth. We will go deeper into the key findings from this year's report at VOICES 2021 today at 10:45 GMT. Imran Amed, Editor-in-Chief

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NEWS & ANALYSIS The State of Fashion 2022: Global Gains Mask Recovery Pains By Imran Amed and Achim Berg The fifth annual State of Fashion report by The Business of Fashion and McKinsey & Company forecasts that the global fashion industry will find its feet again after nearly two years of disruption, though supply chain headwinds will threaten growth prospects. Download the full report to understand the 10 themes that will define the industry in the year ahead and how to navigate the currents they create. READ MORE

SUSTAINABILITY How Ganni Plans to Eliminate Leather By Rachel Deeley Around a fifth of the Danish brand's sales came from handbags, shoes and other leather pieces last year, but it's on a mission to stop using virgin leather by 2023. READ MORE

BEAUTY Why Male Celebrities Are Launching Nail Lines By Rachel Strugatz Machine Gun Kelly is the latest to get into the fast-growing nail polish category. READ MORE

Prada Sees Secondhand Fashion as Opportunity, Weighs Partnerships READ MORE

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NEWS BRIEFS India's Nykaa looks to triple store count in retail expansion Footwear Giant Arezzo & Co Enters Womenswear With Carol Bassi Brand Acquisition Chinese Streetwear Platform Poizon Invests $50 Million in Continuing Content Pivot

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The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Soho Works 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com